Determine that by calculating the average net income over a 12 month period from the financial statements.

This is what you make a month.This is just a model to help those looking for a property average throughtout the U.S.

That is good for investors who are snapping up properties, but it is not so good for the overall economy and the average homeowner.Here is the link to the whole article: http://business.financialpost.com/2012/07/12/surge-in-foreclosures-signals-strengthening-u-s-housing-market/

Anyone who believes that isn't aware of how agencies work and how many firewalls there are between such agencies and political influence, in fact, it is illegal to attempt to influence any agency official in the performance of duties....guess most here can't remember Nixon.The rate dropped THREE TENTHS OF ONE PERCENT which happens often and SIX TENTHS OF ONE PERCENT IN THE LAST THREE MONTHS, which AVERAGES TWO TENTHS OF ONE PERCENT.

I will say that the average person to maintain weight needs approximately 2k calories.

That means your comps need to be similar to the subject or if a comp is used that is not similar, the adjustment can not exceed the adjustment per centages (10%), when you have two that are not similar your total adjustments will usually be exceeded.That basically means that burm and underground homes are rarely financed in the secondary market.....I know, I did two of them and it was like pulling hen's teeth, as I recall the LTV was 70 or 75% too.So this will limit yoiur market to cash buyers or those obtaining portfolio bank financing usually at a low LTV, forget about selling to the average family with 10% down.To get rid of it, you may need to seller finance it long term.

But there are also products with certain guaranteed min. returns, for example.So no, I wouldn't pay the bank $1000 (in interest, I assume) just to save $280.

You should use http://www.finestexpert.com and don't go with an average but look at the rent for properties most similar to yours.

Each unit has two bedrooms.The average rent for a two bedroom in the location that I'm buying ranges from $750 to $900.These are my calculation:1st unit - 750 (tenant pay utilities)2nd unit - 850basement - 600 Monthly Income - 2,200Annual Income - 26,400Loan - 20 years at 4.50 %Down Payment - 20%Taxes - 4,100 The building needs some cosmetic repair nothing major so far.

Ask for documentation on the tenant instead of accepting his line “I got a great tenant here, you should rent to them and pay me my commission”.An average of one month’s rent commission can really put a dent in your cash flow, but so can a month of vacancy.